Quote:
Originally posted by itexuk
If you invested the £6156 for 2 years @5%you would get approx £630 less tax at lets say 20% = £504 so bike would cost £8291 when you can buy one for £7999 or less. How is 0% king.
Its only king if you do not have the money |
When you’ve worked in acquisition and as a QS for as long as I have, you will understand that 0% IS king on anything, it has nothing to do with not having the money?! Why would you put £8k into something as ridicules as a motorbike when you can buy it on 0%!? And as for 5% return on your investment?!??!? Me thinks you either need to sack your financial adviser, or get one.
New UK R1 bought in March 2005 from a Yamaha dealer when the RRP was £9299. Explain how I managed to get it for £8000 on 0% for 3 years with no deposit? And they said it could not be done….Dealers will get incentives for selling finance, regardless of the APR, or the length of the term. I know my car selling friends (SEAT, VW, PORSCHE) do it every single day.